Bob's Furniture Barn is having a sale on all their inventory for Labor Day. If you purchase anything this weekend, you do not pay the 9% sales tax on items. You decide to buy a new sofa for $2,540, a coffee table for $629, and a club chair for $1,845. How much are you saving by not paying tax? Round your answer to the nearest cent.

Question

Mathematics

Giovanni Buck

18 September, 19:42

Bob's Furniture Barn is having a sale on all their inventory for Labor Day. If you purchase anything this weekend, you do not pay the 9% sales tax on items. You decide to buy a new sofa for $2,540, a coffee table for $629, and a club chair for $1,845. How much are you saving by not paying tax? Round your answer to the nearest cent.

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Butterball · Answer 1

You are charged sales tax based on the toal amount purchased

sales tax (sofa + coffee table + club chair)

0.09 (2540 + 629 + 1845)

= 0.09 (5014)

= 451.26

Answer: $451.26